No. 7/2018 INSOLVENCY Cap. 6:07 (a) three months, if the rent is payable monthly or at shorter intervals than one month; or (b) six months, if the rent is payable at intervals exceeding one month but not exceeding three months; or (c) nine months, if the rent is payable at intervals exceeding three months but not exceeding six months; or (d) fifteen months, if the rent is payable at intervals exceeding six months. (2) A tacit or legal hypothec other than a landlord's hypothec in subsection (I) does not confer any preference against an insolvent estate. 87 Certain mortgages afford no security or preference A special bond or a general bond over movables other than a kustingsbrief, or a general clause in a special bond over movables or a security interest over movables in terms of the Movable Property Security Interests Act [Chapter 14:35], passed or taken for the purpose of securing the payment of an existing unsecured debt or obtaining a preference for an existing concurrent debt which was incurred more than two months prior to the lodging of the bond with the registrar of deeds, or with the Collateral Registry created under Movable Property Security Interests Act [Chapter 14:35], in question for registration, or for the purpose of securing the payment of a debt or obtaining a preference for a debt incurred in novation of or substitution for any such first-mentioned debt, does not confer any security or preference if the application for the liquidation of the estate of the debtor is lodged with the Registrar within nine months after such lodging of the said bond with the registrar of lands or with the Collateral Registry: Provided that a bond or security interest shall be deemed not to have been lodged as aforesaid if it was withdrawn from registration. PART XV COSTS OF LIQUIDATION AND APPLICATION OF FREE RESIDUE 88 Costs of liquidation (l) The costs of liquidation include- (a) the sheriff's charges incurred since the date of liquidation; (b) fees payable to the Master in connection with the liquidation; (c) the costs, as taxed by the registrar of the Court, incurred in connection with the application by a debtor for the liquidation of his or her estate or of a creditor for the liquidation of a debtor's estate, excluding the costs of opposition to such application, unless the Court has ordered that such costs be included in the costs of liquidation; (d) the amount determined by the Master for the preparation of a statement of his or her affairs by the debtor as required by section 43; (e) the remuneration of the liquidator, including the costs incurred by the liquidator in giving security for the proper administration of the estate; (f) any expenses incurred by the Master or by a presiding officer in carrying out the provisions of this Act, unless otherwise ordered by the Master or the Court and subject to the provisions of section 60(3); (g) the salary, wages or fees of any person who was engaged or appointed by the liquidator in connection with the administration of the estate; (h) such costs incurred in the administration of a deceased estate before the liquidation of the estate as the Master may allow; (i) all other costs of the administration and the liquidation of the estate of the debtor. 262